TODAY NIFTY WILL GAP UP OPEN
TODAY INTRADAY TIPS
DLF BUY AT 283 TARGET 288
STERLITE BUY AT 678 TARGET 687
RIL BUY AT 1054 TARGET 1064
ITC BUY AT 295 TARGET 299
TATASTEEL 474 TARGET 480 - 482
nifty HURDLE 5330 - 5350
9.12 AM :SUPPORT 5302 - 5250 - 5202 - 5180 - 5150
9.18 AM : AFTERNOON SOME CORRECTION POSSIBLE
GLOBAL MARKET ALL ARE GREEN
TODAY EUROPE IS LOST HOPE FOR BEAR
10.12 am : TATA MOTORS LAST RESISTANCE 824
10.18 AM NIFTY IN HIGHER LEVEL 5350
10.52 AM : TATA STEEL ROCKING
11.52 AM : TATA STEEL RESISTANCE 509
11.54 AM : TODAY IF EUROPE WILL GREEN WE WILL REACH NIFTY 5400
IF EUROPE WILL RED OUR MARKET SUDDEN DOWN POSSIBLE
12.07 PM ; CANADA ECONOMY IN FRONT
The 20 world leaders at an economic summit in Toronto next weekend will find themselves in a country that has avoided a banking crisis where others have floundered, and whose economy grew at a 6.1 percent annual rate in the first three months of this year. The housing market is hot and three-quarters of the 400,000 jobs lost during the recession have been recovered.
World leaders have noticed: President Barack Obama says the U.S. should take note of Canada's banking system, and Britain's Treasury chief is looking to emulate the Ottawa way on cutting deficits.
The land of a thousand stereotypes -- from Mounties and ice hockey to language wars and lousy weather -- is feeling entitled to do a bit of crowing as it hosts the G-20 summit of wealthy and developing nations.
"We should be proud of the performance of our financial system during the crisis," said Finance Minister Jim Flaherty in an interview with The Associated Press.
12.27 PM : NIFTY TRADE WITH FLAT,IT WILL WAIT FOR EUROPE OPENING
12.40 pm : US MARKET THIS WEEK
Monday: There are no market-moving economic or corporate events expected on Monday.
Tuesday: The existing home sales index from the National Association of Realtors is due in the morning. The index is expected to have risen to a seasonally adjusted annual rate of 6.10 million units in May, up from a 5.77 million unit rate in April, according to a consensus of economists surveyed by Briefing.com.The FHFA Housing price index for April is also due in the morning, but is not typically a market mover
Wednesday: The May new home sales index from the Census Bureau is due shortly after the start of trading. The index is expected to have fallen to a seasonally adjusted annual rate of 427,000 units, from a 504,000 unit rate in the previous month
Thursday: The Commerce Department releases the durable goods orders report for May in the morning. Orders are expected to have fallen 1.4% after rising 2.8% in April. Orders excluding transportation are expected to have risen 1.25% after falling 1.1% last month.
The number of Americans filing new claims for unemployment is expected to have fallen to 458,000 last week from 472,000 the previous week. Continuing claims, a measure of Americans who have been receiving benefits for a week or more, are expected to have risen to 4,580,000, from 4,571,000 last week
Oracle (ORCL, Fortune 500) reports quarterly results Thursday evening. The software maker is expected to report earnings of 54 cents per share, up 17% from a year ago, and revenue of $9.5 billion, up 38% from a year ago.
Friday: The revised reading on gross domestic product (GDP) growth in the first quarter is due in the morning. GDP is expected to have grown at a 3% annualized rate, unchanged from the previous reading.
The University of Michigan's final reading on consumer sentiment in June is due in the morning. It's expected to hold steady at 75.5, unchanged from the last reading
2.03 PM : LOOK EUROPE COME DOWN
2.34 PM : MARKET BORING
